Skip to Content
Former Member
Jul 24, 2013 at 12:52 PM

Incorrect Loan Balance in payroll


Hello SAP Experts,

I need urgent help on this, a loan with the following data is assigned to employee

Loan type:9003


Amount: 3,000

No interest calculation (0% interest)

Repayment installment: 250

Repayment started: 01.11.2012

Loan has been externally paid in full amount in 01.11.2012

Loan has been working just fine till the monthly payment of June,2013 with remaining balance 1,000. There were 3 off-cycle payment during July,2013 (current month) and all of a sudden loan balance has started to show wrong amount starting from the first off-cycle run during July,2013.

Off-cycle payment 01.07.2013

Loan Balance is 122, and it should be 1,000 instead.

and when deducting the loan installment in the monthly payroll for July,2013, loan balance is 635.5 rather than 750.

I need urgent help on this,

Your help would be highly appreciated.

Please consider it a matter of high importance,

Thanks and regards,